AMMONIA
Global urea prices surge as some mideast producers halt output
Global urea prices are soaring due to escalating Middle East violence, threatening supplies from key producing regions. Production cuts in Egypt and Iran, responsible for nearly 20% of global urea trade, exacerbate the situation.
SECI set to finalise tender for 7,24,000 tonne green ammonia production annually
SECI is finalising a tender to produce 724,000 tonnes of green ammonia annually for 13 fertilizer plants, promoting low-emission domestic production. Supported by financial incentives and a Payment Security Mechanism, the initiative aims to reduce India's reliance on imported natural gas and lower its trade deficit.
Adani commissions India's first off-grid 5 MW green hydrogen plant in Gujarat
Adani New Industries Ltd. has commissioned India's first off-grid 5 MW Green Hydrogen Pilot Plant in Kutch, Gujarat. Powered by solar energy and a Battery Energy Storage System, the plant operates independently, marking a breakthrough in decentralized hydrogen production. This project demonstrates the feasibility of renewable hydrogen production at scale, aligning with India's green energy goals.
Shripad Yesso Naik urges industry, global firms to invest in Green Hydrogen sector
Minister Shripad Yesso Naik urged industry leaders to invest in Green Hydrogen, emphasizing its potential for energy security and reduced reliance on fossil fuels. India aims to become a global Green Hydrogen hub through international partnerships and domestic initiatives like the SIGHT program. Sumant Sinha highlighted the need for subsidies and addressing cost challenges to achieve net-zero goals by 2070.
India's $89 billion clean industry pipeline struggles to attract financing, report says
India's clean energy sector encounters financial obstacles. A significant number of projects are stalled. Only one project secured investment approval in six months. The nation needs substantial investment to achieve its green energy goals. China and the United States are ahead in attracting clean energy investments. Policy uncertainty and high capital costs are major impediments.
How a wider Iran-Israel conflict can threaten India
Israel, Iran conflict: Recent attacks between Israel and Iran have heightened fears of a larger regional conflict. India is closely monitoring the situation for potential economic repercussions. Rising crude oil prices and trade disruptions are major concerns. The Indian government is urged to diversify energy sources and maintain strategic oil reserves. Several sectors, including aviation, paints, and pharmaceuticals, could face challenges.
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How will the surge in crude oil prices affect various sectors?
Global crude oil prices are rising. This may impact the profits of several companies. Sectors like refining, paints, and aviation could face challenges. Oil producers and electric vehicle companies might benefit. India imports most of its crude oil. Sustained high prices could cause inflation. The government's policies will play a crucial role in determining the overall impact on the economy.
Is an oil shock on its way? 14 stocks to watch carefully if the Iran-Israel conflict leads to a sustained rise in crude oil prices
If there is one thing the Indian economy does not like, it is rising crude oil prices. According to one estimate, a $10 increase in oil price leads to a 30 basis point increase in consumer price inflation. It also has an indirect impact. There are companies which have strong co-relation with crude oil prices. The moment crude oil prices rise, their raw material costs go up. In very few cases, they are able to pass this increase on to customers; but most have to bear the brunt of rising raw material prices. Which means that their margins get impacted.
NBFCs turn top overseas borrowers in April with over $1.5 billion loans
Indian companies raised $2.92 billion through overseas loans in April, with NBFCs leading the way, securing $1.53 billion for on-lending and sub-lending. Shriram Finance topped the list with $955 million in external commercial borrowings. ECB has become a cheaper funding option for NBFCs, diversifying their funding mix amid reduced bank lending due to risk weights.
DEE Development Engineers plans to diversify into hydrogen production
DEE Development Engineers Limited plans to expand into hydrogen production. The company acquired a stake in Maldives Design Limited. This acquisition will help in hydrogen purification and ammonia cracking. The company aims for technology tie-ups for complete hydrogen plant manufacturing. The government's focus on green hydrogen presents significant business opportunities.
There are PSU stocks, and there are PSU businesses. Choose the business. 57 PSU stocks, some good, some not so good
A year back, on the day the results of 2024 general elections were getting declared, PSU stocks as a set suffered a sudden setback. From being much loved in the first six months of 2024, they were suddenly being hit. The reason: The street assumed that, without a clear majority, Modi 3.0 would not be able to take decisions which it was able to in Modi 2.0. But a year down the line, it is no longer about a company being a PSU or not. It is about business. So, sectors where there have been developments are clearly seeing things turn for the better.
World War III or the end of the world? Elon Musk reveals the backup plan human beings must consider
Elon Musk says Earth won’t last forever, and Mars may be humanity’s best insurance policy. In a new talk, he lays out plans for SpaceX’s Starship to reach Mars by 2026—possibly carrying Tesla’s humanoid robots first. Musk warns that threats like World War III, AI, or even the sun itself make it vital to build a self-sufficient civilisation on Mars. The vision? One million people living independently from Earth—starting with rockets, robots, and a plain called Arcadia Planitia.
Tata's Gopalpur SEZ joins World Economic Forum for clean energy revolution
Tata Steel SEZ's Gopalpur Industrial Park joins the World Economic Forum's initiative to cut CO2 emissions and boost economic growth. Located in Odisha, GIP is becoming a hub for green hydrogen and energy equipment manufacturing. GIP aims to contribute 10% to India's green hydrogen production target by 2030, with investments exceeding Rs 27,000 crore.
HFCs to benefit from revival in BFSI sector: Mayuresh Joshi
Early monsoons are boosting market sentiment, potentially cooling food inflation and paving the way for future rate cuts. This positive outlook favors the BFSI sector and related industries. Marketsmith India is optimistic about alco-beverages and agrochemical/fertilizer sectors, anticipating strong earnings growth. Select FMCG and retail players catering to rural markets are also poised for significant improvement.
AM Green, Rotterdam Port sign pact for green energy supply chain
AM Green and the Port of Rotterdam Authority have partnered to establish a green energy supply chain between India and Northwestern Europe, focusing on Rotterdam as a key entry point for hydrogen carriers. The collaboration aims to supply bunkering fuels and sustainable aviation fuels (SAFs), while also developing terminal infrastructure.
India’s $1 billion clean fuel gets gateway to Europe as AM Green ties up with Port of Rotterdam
AM Green, backed by Greenko Group's founders, is partnering with the Port of Rotterdam to establish a green fuel corridor between India and Northwestern Europe. This alliance aims to facilitate annual trade of up to 1 million tonnes of green fuels, valued at nearly $1 billion.
Delhi government to set up 32 real-time water monitoring stations for Yamuna clean-up
All the monitoring stations are expected to be operational by the end of this year. The tender process has already been initiated. These stations will monitor water quality in real time and transmit the data directly to the Delhi Pollution Control Committee (DPCC) server.
India makes remarkable strides in green hydrogen development
The nation has launched pilot projects across various sectors and aims to become a major global exporter by 2030. With the National Green Hydrogen Mission and supportive policies, India is committed to achieving energy independence and Net Zero emissions.
Greenko founders trim Orix stake buy plan, to raise $610 million
Greenko Group founders are reducing their acquisition of Orix Corporation's stake due to tightening credit markets. They now aim to raise $610 million to purchase 17.3% of the holding company, down from the initially planned $800 million for a 20% stake.
Domestic hydrogen manufacturers seek purchase obligation to prevent assets from stranding
Indian hydrogen manufacturers are urging the government to implement Hydrogen Purchase Obligations (HPOs) and demand-side support for refineries and ammonia plants, mirroring the successful Renewable Purchase Obligations (RPOs) used for solar and wind energy.
Green hydrogen and the Net-Zero economy: India’s path to a sustainable energyfuture
India is strategically positioned to lead in green hydrogen, leveraging its renewable resources and growing energy needs. A recent roundtable emphasized industry collaboration, policy clarity, and financial strategies to scale hydrogen adoption. Addressing infrastructure gaps and securing long-term off-take agreements are crucial for India to become a global green hydrogen leader.
All filled with risk, but some also with rewards: 12 large- and mid-cap fertilizer stocks with a few potential winners
One sector where efforts at a clean-up have been taking longer than expected is the fertilizer sector. What started with the idea of a coating of neem on urea seems to be getting stuck with one or the other issue. The reality is that, as a sector, it has so many variables that any clean-up will take time. Are we close to an inflection point? The answer is in a grey area. But will it happen in another couple of years? Yes. And will every company get its act together? No.
India, Netherlands discuss ways to address trade barriers, logistics issues
India and the Netherlands discussed deepening strategic economic ties during Commerce Secretary Sunil Barthwal’s visit to the Netherlands from April 24–26. Talks focused on policy alignment, trade barrier reduction, and setting up a Joint Trade and Investment Committee.
India, Rotterdam Port plan green, digital corridor for clean energy exports to Europe
Commerce Secretary Sunil Barthwal visited the Netherlands. The visit aimed to establish a green and digital corridor. This corridor will connect Rotterdam port with Indian ports. The goal is to facilitate green hydrogen export to Europe. Discussions also covered semiconductor cooperation with ASML. Barthwal also visited Croatia to discuss the India-EU free trade agreement.
Japan embraces lab-made fuels despite costs, climate concerns
Companies like Osaka Gas are showcasing these technologies, aiming for carbon neutrality by capturing and reusing CO2. Critics argue this approach delays the necessary shift to renewable energy and may increase air pollution.
Rio Tinto plans return ticket to India, looking at 50:50 JV with AM Green arm for aluminium smelter, refinery in South India
The plan is to set up a 1 million tonne per annum aluminium smelter along with 2 million tonnes of alumina production, powered by clean energy sources, in a port location in South India. Decision to re-enter comes close to a decade after exit from country, after surrending Bunder diamond mines.
BPCL shares in focus after JV with Sembcorp to boost green hydrogen and renewables energy in India
Bharat Petroleum Corporation (BPCL) and Sembcorp Green Hydrogen India have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India. This collaboration aims to produce and sell renewable energy, green hydrogen, and its derivatives, potentially including green ammonia.
BPCL, Sembcorp form JV to boost green hydrogen transition and renewable energy in India
Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Ltd (BPCL) have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India. The partnership will focus on producing and selling green hydrogen, its derivatives, and green ammonia, while exploring emissions reduction technologies for port operations.
Will Delhi's water supply be affected due to rising ammonia concentrations in Yamuna?
Delhi Jal Board has reported elevated ammonia levels in the Yamuna, primarily due to industrial discharges from Haryana. Despite this, water distribution remained unaffected on Wednesday. Officials are concerned because high ammonia levels disrupt water treatment capacities, posing operational challenges and highlighting the need for an unbuilt treatment facility at Wazirabad.
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